Volvo's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Volvo (VOLVBSTO) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Volvo vs Its Competitors
- TTM: Trailing 12-month revenue of 52,670M vs 1,533,783M combined for tracked competitors (3.3% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-4.3% annualized vs trailing 12 months), vs decelerating (-12.9%) for its tracked peer group.
- Growth: Volvo generated -14.5% revenue growth year over year in Q2 2025, vs 2.6% for its tracked competitors combined.
- Profitability: Its 0.0% net margin compares with 0.6% for the peer group.
- Peer revenue share: Volvo accounted for 3.6% of combined revenue among its tracked peer group, down from 4.3% a year earlier.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
VOLVBSTO Sales vs. its Competitors, Q2 2025
Volvo reported revenue contraction of 14.52 % year on year in Q2 2025, below its competitors' combined revenue growth of 2.55 %.
With a net margin of 0.00 %, Volvo reported lower profitability than its competitors (0.58 %).
Volvo generated 3.64 % of the combined sales of its peer group, down from 4.33 % a year earlier.
Volvo vs. its Competitors, Q2 2025
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Volvo reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Volvo and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Volvo | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (13) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Volvo's competitor groups requires a Commercial License.
For context: the EV, Auto & Truck Manufacturers industry grew revenue 4.6% year over year, combined, vs -14.5% for Volvo. Volvo's share of combined industry revenue moved from 1.36% to 1.11%, a loss of 0.25 percentage points.
Volvo's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Volvo | - | No | No | Yes |
| Competitors combined (18) | ||||
| High-Confidence Competitors (15) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
VOLVBSTO Stock Performance relative to its Competitors
VOLVBSTO Stock Performance relative to High-Confidence Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | General Motors Company | 282.9% | Outperformed |
| 2 | Honda Motor Co Ltd | 282.9% | Outperformed |
| 3 | Ford Motor Co | 282.9% | Outperformed |
| 4 | Ferrari N v | 282.9% | Outperformed |
| 5 | Toyota Motor Corp | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Volvo's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Volvo
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Volvo | - | 52,670.00 |
| Tesla Inc | 1,268,983.80 | 103,619.00 |
| Honda Motor Co Ltd | 159,060.61 | 142,393.78 |
| General Motors Company | 75,866.70 | 185,527.00 |
| Ferrari N v | 70,379.73 | 8,079.16 |
| Ford Motor Co | 50,602.53 | 191,465.00 |
| SUBTOTAL | 1,686,517.25 | 2,177,833.18 |
Sources: Volvo's official press releases and company reports; CSIMarket.com's market research; and the company reports and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Volvo versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Volvo's Competitors Named by the Company
Competitive relationships identified from Volvo reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Alta Equipment Group Inc | Company report | 85% |
| Caterpillar Financial Services Corporation | Company report | 85% |
| Allison Transmission Holdings Inc | Company report | 85% |
| PEV | Company report | 85% |
| Phoenix Motor Inc | Company report | 85% |
| Nikola Corporation | Company report | 85% |
| Cnh Industrial N v | Company report | 85% |
| Hyzon Motors Inc | Company report | 85% |
| Envirotech Vehicles Inc | Company report | 85% |
| Mobileye Global inc | Company report | 85% |
| Astec Industries Inc | Company report | 85% |
| Hyliion Holdings Corp | Company report | 85% |
| Xos Inc | Company report | 85% |
| Luminar Technologies Inc | Company report | 85% |
| Kirby Corporation | Company report | 85% |
| Caterpillar Inc | Company report | 85% |
| Hyundai Motor Co | Company report | 85% |
| Stellantis N v | Company report | 85% |
| Ford Motor Co | Company report | 85% |
| Rivian Automotive Inc | Company report | 85% |
| Vinfast Auto ltd | Company report | 85% |
| Xpeng Inc | Company report | 85% |
| Mercedes-Benz Group AG | Company report | 85% |
| Toyota Motor Corp | Company report | 85% |
| VOLKSWAGEN GROUP | Company report | 85% |
| Renault SA | Company report | 85% |
| Honda Motor Co Ltd | Company report | 85% |
| Polestar Automotive Holding Uk Plc | Company report | 85% |
| Tesla Inc | Company report | 85% |
| Li Auto Inc | Company report | 85% |
| General Motors Company | Company report | 85% |
| Bayerische Motoren Werke BMW AG | Company report | 85% |
| Fisker Inc | Company report | 85% |
| Ferrari N v | Company report | 85% |
| BYD | Company report | 85% |
Company report basis, confidence, active dates and source counts for Volvo's named competitors require a Commercial License.
Methodology: relationships are extracted from Volvo reports (named-competitor disclosures) and corroborating sources. Confidence reflects evidence strength.
Volvo's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Tesla Inc | Automotive 88.88 % |
| General Motors Company | GM North America 83.10 % |
| Ford Motor Co | Ford Blue 51.38 % |
| Rivian Automotive Inc | Automotive 65.75 % |
| Vinfast Auto ltd | Car Segment 87.46 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Volvo's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Volvo | - | - | - |
| Tesla Inc | 1,268,984 | 768,772 | 28,668 |
| Honda Motor Co Ltd | 159,061 | 730,251 | 30,405 |
| General Motors Company | 75,867 | 1,189,276 | 13,410 |
| Ferrari N v | 70,380 | 1,412,935 | 316,273 |
| Ford Motor Co | 50,603 | 1,132,929 | -36,000 |
| PEERS TOTAL | 1,686,517 | 1,532,809 | -1,554 |
Volvo's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Tesla Inc | United States 46.78 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Volvo's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the EV, Auto & Truck Manufacturers industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (50 companies). See the full EV, Auto & Truck Manufacturers industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 0.00 % | 5.02 % (avg) | -5.0 pp |
| Operating Margin | - | industry median | - |
| EBITDA Margin | - | -13.29 % (avg) | - |
| Capital Intensity (Capex / Revenue) | 0.00 % | 10.84 % (avg) | -10.8 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Volvo's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.00 % vs industry average 10.84 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Volvo's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Volvo's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Volvo's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Latest-quarter revenue run-rate is decelerating (-4.3% annualized vs trailing 12 months).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
- A meaningful share of tracked competitors (66.70 %) show financial-distress signals, a possible opening to gain share.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-12.9% annualized).
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Volvo's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Volvo | - | - | - |
| Tesla Inc | 0.50 | 2.05 | 0.03 |
| Honda Motor Co Ltd | 0.53 | 1.36 | 0.76 |
| General Motors Company | 0.23 | 1.17 | 0.62 |
| Ferrari N v | 13.62 | 44.77 | - |
| Ford Motor Co | 0.20 | 1.10 | 0.50 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Volvo's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Volvo | Q2 2025 | -14.5 % | - |
| Tesla Inc | Q2 2026 | +25.5 % | -5.2 % |
| Honda Motor Co Ltd | Q1 2025 | +0.6 % | -27.6 % |
| General Motors Company | Q2 2026 | +1.9 % | -28.5 % |
| Ferrari N v | Q4 2025 | +11.8 % | +9.5 % |
| Ford Motor Co | Q1 2026 | +7.2 % | +439.3 % |
| PEERS TOTAL | +3.0 % | -88.0 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Volvo's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Volvo | Q2 2025 | - | - |
| Tesla Inc | Q2 2026 | +26.1 % | +142.1 % |
| Honda Motor Co Ltd | Q1 2025 | +1.6 % | +38.8 % |
| General Motors Company | Q2 2026 | - | -9.1 % |
| Ferrari N v | Q4 2025 | +8.6 % | +5.1 % |
| Ford Motor Co | Q1 2026 | +0.4 % | +30.7 % |
Volvo's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Volvo | - | - | - |
| Tesla Inc | 2.74% | 3.60% | 4.63% |
| Honda Motor Co Ltd | 2.89% | 4.01% | 7.04% |
| General Motors Company | 0.74% | 1.10% | 3.22% |
| Ferrari N v | 16.00% | 19.93% | 39.36% |
| Ford Motor Co | - | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Volvo's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Volvo | - | - |
| Tesla Inc | 331.92 | 12.25 |
| Honda Motor Co Ltd | 28.86 | 1.12 |
| General Motors Company | 48.19 | 0.41 |
| Ferrari N v | 44.05 | 8.71 |
| Ford Motor Co | - | 0.26 |
| PEERS AVERAGE | - | 0.77 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.